Aid for Farmers Is ‘Supportive but Realistic’: Chief Economist

President Donald Trump and members of his cabinet announced $12 billion in aid to help farmers affected by the ongoing trade war with China. Until a recent meeting between Trump and Chinese leader Xi Jinping, buyers in China had completely stopped buying American soy beans, leaving American farmers in a fix. China is the world's largest soybean market. The Trump administration has now stepped in to help, offering a one-time payment that farmers will need to apply for.

NTD discussed this with Daniel Lacalle, Chief Economist at Tressis hedge fund, who manages over $8 billion in assets.
--
📺 Watch NTD News 24/7 on cable, broadcast, and streaming: https://www.ntd.com/watch

--
🧶More NTD Programs:
https://www.ntd.com/programs?utm_source=YouTube&utm_medium=SocialM

--
🇺🇸 Stay updated with breaking news, special reports, and LIVE COVERAGE on NTD: https://ept.ms/NTDlive_
--
🔵Sign up for our newsletter to stay informed with NTD News. 👉https://www.ntd.com/newsletter.htm?utm_source=YouTube. If the link is blocked, type in NTD.com manually to sign up.
--
🔵 Watch more: https://www.ntd.com/?utm_source=YouTube&utm_medium=SocialM

-
Watch All NTD Original Documentaries:
https://vimeo.com/user109504031/vod_pages
-
🍀 Support NTD: https://donorbox.org/ntd
--
© All Rights Reserved.